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Friday, 07/14/2023 6:01:40 AM

Friday, July 14, 2023 6:01:40 AM

Post# of 4301
snow Here is an article on Nasdaq.com using that chart that says:

Today, the benchmark crack spread is $35, far above the historical average of $10.50. Based on today's prices, a refiner makes $35 in gross margins per barrel of refined crude oil.



It was at the end of February when indeed that chart shows a spread of around $35

https://www.nasdaq.com/articles/2-oil-refiners-posting-record-margins:-can-the-trend-continue
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